The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Luzhou Laojiao Co's share price is ¥186.10.
Luzhou Laojiao Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥21.67. Hence, Luzhou Laojiao Co's PS Ratio for today is 8.59.
The historical rank and industry rank for Luzhou Laojiao Co's PS Ratio or its related term are showing as below:
SZSE:000568'
s PS Ratio Range Over the Past 10 Years
Min: 2.18 Med: 7.7 Max: 27.63
Current: 8.59
During the past 13 years, Luzhou Laojiao Co's highest PS Ratio was 27.63. The lowest was 2.18. And the median was 7.70.
SZSE:000568's PS Ratio is ranked worse than 93.81% of 210
companies
in the Beverages - Alcoholic industry
Industry Median: 1.73
vs SZSE:000568: 8.59
Luzhou Laojiao Co Ltd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Luzhou Laojiao Co was 20.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 21.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 18.00% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 15.50% per year.
During the past 13 years, Luzhou Laojiao Co's highest 3-Year average Revenue per Share Growth Rate was 49.90% per year. The lowest was -15.90% per year. And the median was 16.60% per year.
Back to Basics: PS Ratio
Luzhou Laojiao Co PS Ratio Historical Data
The historical data trend for Luzhou Laojiao Co's PS Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Luzhou Laojiao Co's PS Ratio
For the Beverages - Wineries & Distilleries subindustry, Luzhou Laojiao Co's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Luzhou Laojiao Co's PS Ratio Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Luzhou Laojiao Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Luzhou Laojiao Co's PS Ratio falls into.
Luzhou Laojiao Co PS Ratio Calculation
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Luzhou Laojiao Co's Share Price of today is ¥186.10. Luzhou Laojiao Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥21.67.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
Luzhou Laojiao Co (SZSE:000568) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Luzhou Laojiao Co PS Ratio Related Terms
Thank you for viewing the detailed overview of Luzhou Laojiao Co's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Luzhou Laojiao Co (SZSE:000568) Business Description
Luzhou Laojiao, or Laojiao, is one of China's leading premium baijiu producers. Its primary product, National Cellar 1573, is widely known as one of the best rich-flavored baijiu in the market, which together with Feitian Moutai and flagship Wuliangye are the top three premium products that dominate more than 90% of the high-end baijiu market. The high-quality products, extensive history, and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins. The State-Owned Assets Supervision and Administration Commission of Luzhou City controls 46% of Luzhou Laojiao.
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